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and the great government consulting as they pick the products to bring a lot of innovation to san francisco. cory? give cory a round of applause. [applause] >> thank you, chris. thank you so much for all of your hard work, chris. none of this could be possible without your efforts. good evening. the good government awards are incredibly important in san francisco. it's a chance for us to honor the tremendous work that happens in the city and also to honor the individuals who are responsible for some of that success. congratulations to all of our honorees. we're very grateful for your work. let's give a hand for them. [applause] the good government awards also support spur's good government work. it is a central part of our mission. our agenda is admittedly ambitious. we analyze every local measure on the san francisco ballot, which until recently was a pretty formidable task. we participate in most of the major issues of city government from pension and payroll tax reform to some of the most important discussions on how we fund a lot of our public services, whether that finding different re
. it was a company that created technology to connect citizens better with government * . i ran it for almost nine years. and when i was elected to office four years ago, i was unfortunately more surprised than i wanted to be about how far behind san francisco government was. this was very 2008, 2009. with you i'm really proud of the leaps and bounds we have taken as a city * . i was proud in 2010 to help move forward legislation to really bring together city departments to work in a coordinated way with our committee on information technology. to help create a chief information officer position for the city. i was also proud to work with then mayor newsome in passing the first generation of open data legislation that we have. but as our civil grand jury in june pointed out, our i-t in san francisco is still in need of a culture shock. and this is where all of us come in today. we have 200 data sets that have already been put out there, but by and large the data sets put out by city government are data sets that i think show us in a very positive way. from my perspective, it's important for us to
of the afghan government endemic corruption. these are among the obstacles to long term stability in afghanistan. >>> another story from afghanistan. the first rail service launched earlier this year with support from the international community. it is still in its early stages, but expected to play a critical role in reconstruction in the future. nhk world has details. >> reporter: afghanistan's only railway began operating earlier this year near the border with uzbekistan. the line runs for 75 kilometers between the border town and the important regional city. afghanistan is a landlocked country. nearly half of all the goods it imports pass through here. security is a major concern amid the taliban insurgency. police officials stand guard along the tracks. they transport daily loads of flour and other commodities. rail transport is cheaper and faster than using afghanistan's treacherous roads. >> for the reconstruction of afghanistan, the railway is very important and it's growing the economy of afghanistan. it's important and we needed this in afghanistan. >> for now the freight trains are mo
to collective bargaining rights, if power of collective bargaining for government workers. this is theoretically a less divisive issue. in wisconsin the president stood nearly silent. in michigan the president goes there the day before this mass demonstration and fires up the crowd. that didn't sound like a middle class tax relief outing, that sounded like the president firing up the base ahead of a day of maas demonstrations. alisyn: as you point out, chris, two years ago when this came up with wisconsin, the president basically said that's a state issue. he talked about it when asked in interviews, but he didn't prompt the conversation himself like he did yesterday. is there any talk in washington that by weighing in on this he ginned up the protesters, even inadvertently of what's happening now that we see? >> well, he sure didn't hurt the turnout. he sure didn't hurt the ardor for the union side, and that's by giving it his complicit blessing the day before and talking about this stuff. you know, michigan, what that state representative was talking about there, there will be blood, talking a
. >> the federal government responded promptly and decisively. >> response has been robust. >> thank you for being such a strong leader. >> i am grateful for the productive conversations we have had. >> complement our e emergency responders. they did an incredible job. neil: bidding aside the idiocy oo these remarks but the incredibly bad timing for thousands of out homes better in hotels and temporary housing. we hear that a government will take the punch bowl away when the shelter coverage ends despite their prediction from the government himself it may be months before they have a home. it seems sought only after two months it has made no contingency. don't be surprised if the folks to get the help raise a finger in the year. time to clear and how we stop this during the holidays with the greatest crisis we have never known common mayor guiliani. >> the response has not been that good. >> go back to where they did not have water. i am active with the twin towers fund raising many delivering blankets, water. one day after the nor'easter fema close the office for whether. this is ridiculous and s
. >> they called for a national dialogue as both pro-am and anti-government forces gathered. they said they will decide whether to attend the talks. >> this comes ahead of a visit scheduled for saturday for a new constitution that the opposition says is it too was promised. -- too islamist. >> protesters preparing to breach the barriers. the president and the muslim brotherhood have alienated many egyptians saying the government does not reflect the country's diversity. egypt is too big for you to be president, says one sign. in tahrir square, people were injured after the gunman opened fire. this enraged many demonstrators. >> they attacked us from all sides. 13 or 14 people were injured including a young 13-year-old boy. >> these protesters refused to be intimidated. they planned to hit the streets in protest of saturday's planned constitutional referendum. they believe the constitution was pushed through by his islamist allies and they want to postpone the vote. >> all of these barriers here are not enough to keep 1 million revolutionaries from continuing their protests. >> morsi's
to run the government for eight days. so what do you do the other 357 days? or if you look at the deficit, it will only take care of 7% of the $1 trillion-plus deficit that we have every year. what about the other 93%? so the point being that we can talk about taxes and taxes and taxes, but it's not going to solve the fiscal problems facing our nation. we don't have a taxing problem. we have a spending problem. and so we should have been spending the last three weeks talking about how we're going to take care of the other 93% of the problem. the president should have declared victory three weeks ago, and we wouldn't have had all this lost time between now and right after the election. but i said i wanted to set the record straight. the tax relief reduced the -- the tax relief of 2001 and 2003 reduced the tax burden for virtually every tax-paying american. it did this through across-the-board tax rate reductions, marriage penalty relief, enhancing certain tax provisions for hardworking families such as doubling the child tax credit. since the passage of this tax relief, there's been a conc
. we just had an -- we have board of elections. i'm going to talk -- federal government wants to do one thing in a can help us. send us more money to buy new machines. because our machines are old. our maintenance contracts are wearing out. this is all done at the local level. they got us addicted to these new expensive machines and our machines are getting old and there's no federal dollars to replace them. and then, oh, by the way, budgets are being cut. it's going from the federal to the state to the local. and so we had -- we just had an announcement where the county that was cnn was at, said it could be the most important county in ohio, that their board just laid off a third of their work pours. and now they may be able to come back and replace those folks with temporary workers down the road, but it's talent and training and all of those things that we continue to go on the cheap. we can't run a world-class election system on the cheap. it's just not possible. you can't ask a system to do more and more and more and more, have fewer resources, older equipment and less trained peop
. the borrowing cost for state and federal governments would rise, and with it the borrowing cost for businesses and that could impact the economic recovery. in terms of the debt, there are various things we have heard consistently. the do not think any movement over the cliff, where there is a slope or a cliff, whatever you want to call it, is acceptable, and they're worried about borrowing costs. host: north carolina. chris. go ahead. caller: i have had a small business for many years, and in the beginning i took -- i did not take paychecks. finally, 20 years later i met the point where i could sell it, and a mix somewhere around $185,000, and my husband makes about $60,000. with the selling of my business, should i be rushed because of taxes to sell it before december 31? guest: one of the challenges in dealing with small businesses from washington is there is a wide range of business owners. you are like the vast majority in terms of the amount of money that you earn each year. what you see is different members of congress and the administration coming -- struggling to come up with policies
is 1/5 of my salary, which means it is a balanced loan by the government. >> i need to pay 30,000 pounds each year so my son can study in england. i borrow money to cover it. the mortgage i pay with my pension. luckily, my wife also has a pension. if they want to cut, they should start with the people at the top, or is there another place where the president gets 320,000 euros as a going away present? >> the cypriots are not just angry about self-serving politicians. they have also discovered that the head of the country's central bank, who has since been fired, approved a 500,000 euro loan for himself at nearly no interest. >> for the eu, the imf, and the european central bank, which have lone cypress billions of years, it is clear the waste and corruption in the country must end -- which have loaned cypress billions of euros. the troika is also calling for more regulation of credit policies. they say the banks lord separate into taking out dodgy loans. >> one of the factors that contributed to this excess of liquidity in the separate banking sector is the attraction of forei
they don't mind government intervention. because they are not going away. i hope that because what i heard in washington today were two sides even though i can tell them that a deal would be done and there would be no vacation without legislation, we'd be in much better shape. i have to tell you, the situation in washington is as discouraging. one after another i started with a too tack. i said let's go there. i said i totally agree the issue of spending not revenues. tell us what you have done to get spending done. did they give you the fellow traveler ideas? no. they attacked the president. each time when i asked for ideas on what to cut. like right now. like every other country in the north does, like pulling back on positions from our army. i got the same response. it is the president's fault. i might have well have been a mannequin. they he want to talk about raising taxes of the rich. but it can't be dismissed as part of the mosaic that will get the government out of the commission at all. they think they are so darn important down there. they think they start or done start businesse
-bearing accounts at banks and credit unions. these transaction accounts are used by businesses, local governments, hospitals, and other nonprofit organizations for payroll and other recurrent expenses. and this program provides certainty to businesses in uncertain times. these accounts are also important to our nation's smallest financial institutions. in fact, 90% of community banks with assets under $10 billion have tag deposits. this program allows these institutions to serve the banking needs of the small businesses in their communities, keeping deposits local. in my state of south dakota, i know that the tag program is important to banks, credit unions, and small businesses. our nation's economy is certainly in a different place than it was in 2008 at the height of the financial crisis when this program was created. but with concerns about the fiscal cliff and continued instability in european markets, i believe a temporary extension is needed. therefore, i believe a clean two-year extension makes the most sense. it provides the most certainty for business and financial institutions. it also
in michigan and in washington, d.c. with the author of "shadow bosses: how government. employee unions control america and rob taxpayers blind." mallory factor joins us. also tonight, egypt's president, muhammad morsi, ordering the egyptian military to arrest people in the street even as he claimed to have rescinded the dictatorial powers he assumed which have spurred violent demonstrations. and a new intelligence report concludes that america's time as the lone superpower is nearing an end. former director of national intelligence john negro panty joins us to talk about our future as a superpower and the challenges that we'll surely face. we begin tonight with one of the few scheduling misadventures of president obama's swire tenure in -- entire tenure in office. the president speaking to autoworkers outside detroit today, a day before governor snyder will sign michigan's newly-passed right-to-work law into effect. the president standing firmly with the unions that worked hard to get him reelected. >> what we shouldn't do, i just gotta say this, what we shouldn't be doing is try to take away
to the government in beijing. it is every writer's dream. 57-year-old mo yan was presented prize for literature by the swedish king. the academy praised his works for combining hallucinatory realism with chinese folk tales from a history, and contemporary life. but it was a controversial decision. critics accuse mo of acting as a mouthpiece for the chinese government. the author sparked controversy at reading recently when he compared censorship in his country to the inconvenient, but necessary security checks at airports. the awards or medicine, physics, chemistry, and economics went to eight winners from the u.s., japan, france, and britain. >> the nobel prize for economics was jointly awarded to allan ross and lloyd shapley for their work on matching supply and demand -- alvin roth and lloyd shapley for their work on matching supply and demand. 89-year-old lloyd shapley, professor emeritus at the university of california, received a standing ovation. >> while the eu is celebrating winning the nobel peace prize, one of its largest member states has been plunged into crisis. >> first data appe
government investing. the founders understood that. hamilton was in favor of prizes for innovation. some of it is about money. an open society in which we can exchange ideas. standardization. what are we talking about when we talk about a fundamental measure of a basic material that is going to be part of technology? the money is very critical. we have a problem with respect to an old model in the life sciences and applied sciences. this is a problem. i am on a panel for emerging technologies. advanced technology developments. this was news to me. it is not about hardware but about systems and components. industry has something to learn from what is happening in the way the defense department is mulling the development of new technologies from basic sciences. >> i have been working for google for the last eight years. larry and sergei were brought together to create google. private industry. google is the epitome of the with the forces come together to create what i think is an innovation now. one thing you have to learn is he wants you to have a healthy disregard for the impossible. tha
took part. they may be trading cautiously but japanese business and government have a close eye on iraq as a promising future energy source. >> translator: as one of the world's largest oil producers iraq offers a wide range of opportunities. >> reporter: chinese firms were prominent. the state run oilompany has already won the contract to double up a huge oil field near the city. >> iraq is new market. it's booming for oil and gas. i see the risk. they're so nice. >> reporter: security remains precarious since the start of the 2003 iraq war. a string of terrorist attacks rock the country after the last u.s. troops pulled out a year ago. three major ethnic and religious groups are still jostling for control of political power, territory and all revenues. >>> north korea has announced it will extend the period for iraq's oil men minister has set an ambitious target. launching what it calls a >> translator: we welcome companies and want to show them what they can do to develop basra. >> reporter: iraq is now in a better position to attract investment with neighboring iran conquered by san
. for every one dollar that the government collects, it spends 71 cents of it on the big four. the big four are medicare, medicaid, social security, and interest. just interest on the nation's dea debt. so that ain't pretty and i'm sorry to say it's not getting any prettier. in the next four years, those costs will eat up 100% of every dollar that the government collects. these are sad statistics from the government accountability office. no money for defense, nothing for education, food, safety, veterans, the whole shebang. it's basically in your own personal economy like spending every cent you earn on your mortgage and nothing else. no food,clothes, no car, you get the picture, right. the 20-year prediction is even more mind blowing. the big four is set to consume $1.21 for every $1 that you pay in in taxes, which brings us back to the cliff, the fiscal cliff, and how lawmakers can fix this very expensive problem. terry savage is the nationally syndicated financial columnist for the "chicago sun-times." terry, it's good of you to join us today. i think my first question is, with most hou
or nine or 10 years than this year. if we cannot curb the growth of anything in government how do we rain in government? >>guest: the word cut means if you got $10 president last year and you applied $15 and you get $12 million, you are "cut." this is baseline budgeting. go to zero base budgeting like most people do and you see where the "cuts" are. we are not cutting social security. we are not cutting medicare the we said get if there and stop the automatic pilot process. this stuff is on automatic pilot. of $1.1 trillion that came in, in revenue, in 2011, that is everything, it only went to medicare and medicaid and social security. we borrowed to do two wars, infrastructure, homeland security, defense, everything, culture, big bird, the whole works, we borrowed $3.6 billion a day? we don't we were know what $1 trillion is. you say the big bang theory of the universe, the planets and the sun, spinning off, that happened 13 billion years ago and that isn't close to a trillion and we owe $16 trillion those babies. have a drink. wake up! >>neil: good words, senator, thank you. >>guest: ta
to you. for four years after that, $182 billion buyback. the government offering more than $230 million in shares. the price represents a 2.6% discount. aig closed yesterday. it will raise $7.6 billion. in a statement, treasury's former chief reinstruct during officers jim millstien says no tax player should be pleased with the government had to rescue this company, but all taxpayers should be pleased with today's anounlsment ending the largest of the industry bailouts. but the way, that profit now looking to be about $15.2 billion and people did not expect that we would ever make money on in deal. i don't know if that makes the deal any better. i don't know if all of the anger and frustration that people have had, that people say, okay, we had a profit and we're okay with it. are you okay with it? >> i'm okay with it, yeah. i feel better. i know you haven't seen this movie, but "mr. smith on goes to washington." he said for so long -- >> where were you looking at on the screen? >> i was just reading it. i don't know. you guys of lost me on that last one. >> aig said et wasn't that inte
will be voted on and gen final approval tomorrow and be sgned into law by govern rick snyder. michigan becomes the 24th state in the nation to ratify a aw that protects workers from being forced to pay union dues a a condition of their employment. we'll be examining tonight what's happening inichigan and in washington, d.c. with the author of "shadow bosses: how government. employee unions control america and rob taxpayer blind." llory factor joins us. also tonight, egypt's president, muhammad morsi, ordering the egan military to arrest people in the street even as he claimed to have rescinded the ctatorial powers he assumed which have spurre violent demonstrations. and a new intelligence report concludes that america's time as the lone perpower is nearing an end. former director of national intelligence jo negro panty joins us to talk about our future as a superpower and the challenges that we'll surely face we begin tonight with one of the few scheduling misadventures of president obama'swire tenure in -- entire tenure in office. e president speaking to autoworkers outside detroit today, ad
the u.s. company bailed out aig. they sell the remaining sales for over 7 billion. the u.s. government at one time on a 92% stake in aig. many thought the u.s. government would lose a lot of money on this deal. the u.s. government makes 22.7 billion and aig is now out of government hands. rumors percolating bad investors are buying up shares of hewlett-packard. their shares were up 2 1/2% yesterday and up 3 1/4% in trading. they continued to slide down the $529.22. >> port of oakland maritime director james klein steps down as a newly released audit shows nearly two under thousand dollars in questionable expenses from missouri's meals to a tiffany silver key ring to a u2 concert. in internal audit of 2011 expenses were already under way in october when news broke about the ports executive director, all our big demand and kwan spent nearly $4,500 at the he is a strip club. the men that are ready step down from his position. >> american schoolchildren can lead to continue to lag behind stevens and asian countries in math and science exams given globally singapore south korea and japan ou
pennsylvania. >> woodruff: we examine an almost $2 billion government settlement with british bank hsbc over charges of money laundering for the nation of iran and mexican drug cartels. >> suarez: jeffrey brown profiles chinese artist and dissident ai wei wei, whose work is on exhibit in the u.s. for the first time. >> if we can change ourselves, that means part of society will change. if more people can do so, then we can change the society. >> woodruff: and we look at what the federal trade commission calls a "digital danger zone," mobile applications that gather data about children. >> what needs to be done is a way for parents to easily at any time see exactly what's being collected and who they are sharing that information with. >> woodruff: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. and with the ongoing support of these insti
more memories i want to share. one deals with government and jazz. chris always wanted to work for the state department. he always wanted to be involved in the foreign service. he took the foreign service exam when we were undergrads at cal. he came back the first time, pleased with results on the written but felt he didn't do so well on the orals. the question that seemed to trip him up and left him perplexed was the following. mr. stevens, please compare american government and jazz music. chris told us he didn't quite know how to handle that question. my suggestion involved people blowing loudly on their horns or banging loud' on their drums was not terribly helpful. we decided to ask questions to trip up the applicant. we didn't have the internet to find a quick answer but figured it out. though chris may not have come up with the answer during that exam he certainly lived the message taught by this interesting comparison. both american democracy and jazz music involved ongoing experimentation. they involve unscripted action and improvisation as we figure out the best way t
. and that's what we need to continue to do. we are a democracy. and a democracy is a government based on representation. we have elected officials here who are not representing the people that elected them. and that's a real problem. we need to hold them accountable. we didn't take up the bills today in the house, but i have a feeling we're going to be taking up some of these bills tomorrow. and we need to be very vocal, and as i said we need to hold people accountable. these representatives just as you heard, they're not going around saying this is my agenda. it's i believe in small government. well, you know, telling a woman what she can and cannot do with her body is not small government. they talk about jobs. this house bill 5711 would actually result in a loss of jobs because clinics would close. and women would have nowhere to go for health care. you know, everything that republicans can say they're against, big government, privacy, all those things is the exact opposite that's in this legislation. >> nancy keenan and lisa brown, i'm going to have to hold it there. but we're cer
and around the country that our number one goal should be, as you may know, amtrak bones, the government people own, have an interest in 600 miles of track between washington d.c. our nation's capital, philadelphia, new york city, boston, the most congested corridor in the united states of america, that is the only 600 miles that we really own. we another small stretches around the commuter -- all the rest of amtrak service, over 20,000 miles of private freight rail. i see the main rail people in the audience and they have concerns too about using theirs and not having dedicated them and we need to address that issue as we move forward. final point is northeast quarter is where we should be putting the focus. give the administration credit for at least taking the money that has been turned back dedicating so that to the northeast quarter but we are doing it in a piecemeal, half baked fashion. the northeast corridor, every state, every major area can benefit by bringing high-speed rail to the northeast corridor. 70% of our air traffic delays emanate from the northeast corridor even when w
cup of tea but their government works. martha: hmmm. that is getting a lot of attention this morning. now while the gao says the relationship with china is important he is not encouraging communist government as he said in the quote. may not be your cup of tea. bob beckel, former campaign manager. andrea tanteros, news day columnist and both co-hosts of "the five." andrea, you do you have a problem with that? >> yeah i do. i wonder if i studied history to look at eastern europe to see how welcome nism worked for those countrys? the reason he is saying that, mr. immelt, our jobs czar sent a lot of ge's business over to china. we heard during this campaign, this grueling presidential campaign, martha, president obama attacked mitt romney for outsourcing when his jobs czar, jeff immelt, sent, couple of examples. one company in wisconsin, the summer over to china. another light bulb factory in virginia over to china. i mean ge got $1.2 billion in stimulus funds. they send the jobs over to china. no wonder he likes china so much. martha: i mean a lot of people have the problem with the wa
for people, creating efficiency with the government being able to manage transactions, creating a platform for people to actually interact with the city on a level that hasn't been done before. so, ideally, using the san francisco rec and park, the future san francisco arts app, using our mobile commerce to manage that is creating jobs, revenue, and efficiency for the public and tourists to be able to navigate san francisco in a way that hasn't been done before. thank you. >> all right. (applause) >> so, we're going to show another application from motion launch, the founder and ceo, john, will be sharing some of the work that they're doing. they're based here out of san francisco and they've got a great announcement to make. >> i am jon mills. i'm ceo of motion loft. we started about three years ago developing sensors that we could place around cities that would give us some analytics on how people move around cities and how vehicles drive around cities. so, currently we have 16 neighborhoods -- 18 neighborhoods covered in san francisco, and we get real-time data back that shows exactly h
the debt ceiling. it's not even like the government shutdown. you don't necessarily have an enormous market reaction. this is not like the country defaulting on its debt. but it's serious for two reasons. we don't know what the reaction could be. there it is a chance that it could spook the markets. the second thing, the combine pieces of this passage is a combined 4% of the gdp. if they went into affect and remained in affect not just for a couple of weeks but for the full year it's hard to see how the economy avoids a recession next year. it's not guaranteed but it's more than enough to push the economy into a recession. if you go over for a few weeks it's not clear if the damage would be so great. it's hard to see how the economy sacrifice next year healthy if it's not averted in some way. >> eliot: david, that's clearly correct if the entirety of it continueed uninterrupted, but some pieces will occur regardless, other pieces could be remedied, which is why the timing issue and the cataclysm in january 1st has struck me whereme--we'll wait and see if anything happens. ruth, turning to t
know also, obviously it's a government-backed market. this, trillion dollars that people, this is now, essentially entirely government market. you saw the government housing policies, loose monetary policies gave us subprime. you're seeing a credit mania created in both cases by government policies saying housing is good at any cost. education, this thing called college. wherever you studied, whatever you went, whatever you did there at any price is good and that is dangerous. melissa: money is available anyone feels like they can go out and get a loan. they're really worried about choosing a college based on price. choose it based on everything else. that is nice in a world where college is free but it's not. >> you're not helping students if you give everybody the subsidies. the colleges over the years are good at pocketing that, raising tuition prices. this is one market where it has grown, the prices have grown faster than health care. not just faster than inflation but runaway costs. >> you really believe that is true? i say that to people all the time. all it is doing is driving
" begins right now. >>> a government fractured, a market paralyzed, a call to action. as our nation careens to the fiscal cliff. cnbc's challenge to lawmakers to rise above partisan politics, seem compromise and find the solution. the clock is ticking down. the stakes are getting higher. now, we are turning up the pressure. this is a cnbc special report, "mission critical: rise above d.c." >> welcome back to our continuing coverage, mission critical: rise above d.c. we've been here all morning long. while we've been here on capitol hill, we've been talking to lawmakers about rising above gridlock and reaching a real deal on the fiscal cliff. in the last hour we sat down with grover norquist saying no one should strike a bad deal, and that there is no better reason to raise taxes now than there was in the past. he also added he thinks house speaker boehner has been a good leader during the fiscal cliff negotiations. and then we were joined by bob corker and bob conrad. corker said we need to focus more on entitlements now, and he will not sign any package that doesn't deal with entitlements
deadline, tomorrow, a look at some of the challenges facing state governments. we will have live coverage from the u.s. chamber of commerce beginning at 9:00 a.m. eastern on c-span3. later, a discussion on programs for older americans. will be hosted by republicans on the senate committee on aging. live coverage at 10:00 a.m. eastern. coming up in a moment, a panel on innovation and the economy. after that, we will hear from presidential economic adviser gene sperling. then how sequestration could affect national security and the defense budget. >> he would punch me, strangle me, take things from me. >> i have been on that bus. >> all of us in this country are starting to see people coming out and talking about their experience of this phenomenon that so many of us experienced in one way or another and have had no words for, other than adolescents, other than growing up. people are starting to stand back and say, this is not actually a normal part of growing up. this is not a normal right of passage. this is a moment where there is a possibility for change. the director and i decided to s
this scenario? the u.s. government using our tax money to build up an electric battery firm but after it fails the company sells out to a chinese outfit who takes advantage of our own taxpayer dollars. now producing for japan. there is something wrong with this picture. we'll have the details in a moment. please don't forget. free market capitalism is still the best path to prosperity. it may not entirely show itself in this fiscal cliff fix, but the fix may be coming. i'm kudlow. we'll be right back. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> u.s. tax dollar funded battery marker a-123 systems is up for sale. the winning bid goes to -- china. so i asked was red china rising why u.s. taxpayers have to finance their battery companies. here's ann lee, author of "what the u.s. can learn from china," professor of nyu an
. the question is why is the government involved in our marriage. >>> former house majority leader dick armey talking on cbs talking about the 2012 election said, quote, we had a lot of candidates, quite frankly, that did dumb things out there. >>> the republican national committee is planning an autopsy on the campaign to exam what worked and what didn't work in 2012. >>> a new politico poll finds that romney supported him by 47% and 650% put romney on their night list. >>> meanwhile the president and his family got in the spirit at the christmas concert with diana ross and koenen o'brien and they got to meet some of the former patients who dressed up as santa's little helper elves. >> release the elves. hey, elf, what's your name. >> olivia. >> everybody look up and say cheese. >> cheese. >> cheese. >> say merry christmas. >> merry christmas. >> ho, ho, ho. >> ho, ho, ho. >> he does a good santa. and that's your morning dish of scrambled politics. and now for a look at your national weather, let's turn to nbc meteorologist bill karins, he has your weather forecast. incredibly cute. did you
. freight railroads support passenger rail and support government efforts to grow passenger rail in ways that make economic sense and that complement the freight railroads. freight railroads are therefore committed to working with government officials, passenger rail stakeholders, and others, to ensure a winning result for all parties involved. thank you for your attention. >> thank you, and we will get into some questions here than. mr. behm, your testimony explained the sar of staff said additional guidance is to help assure guidance with policy and procedures. what efforts are underway to assure this is occurring? what also on the risks if we don't have further guidance to the states? >> we've made recommendations to the sra to enhance the guidance they provided to the states, fra staffers was a state grantees. i think the focus wasn't a matter of i think fra was not willing to provide this guidance but i've easily considering the challenge that they were faced in establishing this program from the ground up. you are ultimately one of the largest discretion grant programs, really inte
leepth whereby 1,122,000,000-dollar have been pledged by the federal government to construct the federal subway and this is a schematic that shows how the grouting tubes will be installed with the anticipated grout that will help counteract any proposed building movement if it was to occur this is a grouting away ray for the under cropping of the existing tubes at noter and market. this is the proposed grotting away next to the proposed chinatown station, similar grouting a away ray for the you know street market station, and proposed build protection for the -- station and this represented three of the repeatedly acquired agreements that we have received that are removed from your action today and that completes my presentation thank you. >> thank you colleagues any questions to the m ta okay seeing none let me ask are there any members of public that wish to speak in support of against any of these resolutions? seeing none. -- you got it -- you have got a city subway particular to ride you got a ticket to ride and ... i don't know why you are riding so light rail. you will do righ
in a cafe. that went viral because libyans were amazed at the site of a senior government official doing mundane activities without a huge entourage and demanding vip treatment. chris had a great knowledge of libyan history and culture. he would often crack jokes with government counter parts. not just in arabic but in the libyan dialect, which the libyans loved to hear him speak. another told me when i saw him in may as newly appointed ambassador in tripoli he had not changed, despite the promotion and accolades. he was the same guy. lingering one night after dinner to help me with a difficult table, i referred to him as sir or ambassador. he looked at me for a second, he sighs and he said i wish everyone would just call me chris. he loved the work, loved the people, but he never took himself too seriously. people talk about what a good diplomat he was. he knew how to motivate others to be the same. even those down on their careers, lost faith, in hardship. this was a tough task to inspire other to serve with dignity and self-respect. chris knew how to do that. nothing we can say here c
the problem with the deficit. >> era of big government is over. >> that famous declaration came toward the end of the first term where president clinton slashed the federal workforce by 14%. executive branch and created the department of homeland security and nearly 80,000 workers for a jump of 4.2%. despite the 7% increase over president obama's first term, the white house said he is committed to a leaner federal government in his second. but press secretary jay carney could only point to one fairly limited initiative to accomplish that. >> the president has put forward proposal to streamline and reorganize the variety of agencies that deal with commerce in the federal government. exports. >> the obama era in terms of the government hiring proved less kind to the states. from january 2009 through last month, according to bureau of labor statistics, the number of the state employees declineed by 120,000 or little over 2%. >> bret: thank you. up next. the president's defense secretary backs away from words about syria and chemical weapons. >> bret: the pentagon top man says syria appears to hav
>>> the formalitier government is accused of being sent rick. >> massive write-downs n u.s. and brazil while warning over a week's global recovery. >>> and hsbc agreed to settle money laundering charges, paying a record $1.9 billion fine. >>> and we're getting the bumping out here today, not only because it's christmas, but -- >> because james ferguson is here. >> and we are finally in the same place at the same time. ♪ reunited and it feels so good ♪ >> there we go. >> my apologies to everyone for that. >> how about that voice? i feel a christmas sing along coming on at some point. >> it's the holt day spirit. >> it is. >> also, we are outside the u.s. senate. we're going to see just how much progress has been made or how little progress between the president and congress on the fiscal cliff situation. >>> and we'll find out just how much the european debt crisis has affected tourist's willingness to travel to southern europe. >> and then south korea's presidential election, yes, it's not just japan, and what to expect from the winner. >>> let's just plug you into wh
lobby has some legitimate points, but the laws that govern us and the steps we take ought to be geared toward the larger public good. there are obviously some people out there who have some apocalyptic vision that the federal government is going to lean toward tyranny and they're going to be holed up with their own munitions plant and they're going to resist it. i don't think people with that mindset ought to have undue influence on our government policy. >> thank you for coming in. brilliant analysis on what is a huge issue to me. >>> coming up, has the gop gone too far to the right? a former republican on why he has joined the democrats. charlie crist joins me next. check out my new treadmill app. pretty sweet, huh? cute. but don't you have any apps on your phone that can make your life easier? who do you think i am, quicken loans? at quicken loans, we'll provide you with myql mobile. this amazingly useful app allows you to take pictures of your mortgage documents using an iphone or android smart phone... so you can easily send them to us. one more way quicken loans is engineered to
atlanta. hala, first of all, you've got the syrian rebels, they're there fighting al assad's government. now the u.s. government, state department, steps in and says, a small faction of this group is considered a terrorist organization. what does that mean on the ground in syria for the rebel forces? >> well, it's hard to tell if it's going to mean anything, really. because what we're hearing now, uniformly from rebel groups on the ground after the designation by the united states of the nusra front as a foreign terrorist organization, look you can't not arm us, not finance us, and at the same time tell us not to rely on the best sort of armed and financed subgroup in the anti-assad fight. so rebel groups are saying you're putting us in a difficult position. they're having in some cases to rely on the jihadist group and its tactics reminiscent of what happened in iraq, suzanne, as you know with the car bombings and suicide bombings, in order to make battlefield gains. you saw nick paton walsh's pieces as well one of the most significant battleground advances, the reported occupation, i
further. it's also at our board of elections. we have boards of the elections the federal government wants to do one thing that could help us send more money to buy new machines because our machines are old, our maintenance contracts are wearing out, this was all the local level. how they got us objected to these new expensive machines and now the machines are getting old and there is no federal dollars to replace them, and then by the way, budgets are being cut, it's going from the federal to the state to the local, and so we had -- we had an announcement where the county that was cnn said it could be the most important counties in ohio but if the r word, just laid off a third of their work force. and now the media to come back and replace those folks with temporary workers on the road, but its talent and training and all of those things that we continue to go on the cheap. we cannot run a world-class election system on the cheap. it's just not possible. you can guess the system to do more and more and more and has fewer resources, older equipment and less trained people. that isn't going
was in the clinton administration and in charge of of the social programs and the federal government i had a wonderful staff of civil servants, highly trained, highly competent. i would not have wanted to pay them a lot less. they were doing the work that you seem to want to have done, which is to scrutinize all of these programs and put pressure on the agencies to cut those that are not working and to ferret out all of the inefficiencies as well as the fraud. i think jim has had some experiences. guest: the federal government has tried to roll up waste and fraud, but when taxpayer money is involved it is different than a private enterprise. the ability for fraud to creep into government programs financed by taxes is much tighter than private enterprises -- because shareholders have their own money that they invest. there are a certain amount of problems. for instance, medicare, probably in the order of $60 billion per year in a wasteful and fraudulent payments. this is a huge number. it is in part because medicare programs paying a billion claims a year for medical services. the ability t
the deficit. >> we estimate $1.1 trillion a year in revenue the government gives up because of all the tax breaks. that's enough to solve the revenue problem but it's not going to happen. >> ifill: ray suarez has a newsmaker interview with secretary of homeland security janet napolitano. >> you can discuss border security and immigration reform simultaneously now. we don't have to this kind of first this and then that. at this point they actually go together. >> woodruff: special correspondent rick karr reports on the polluted waters that spilled into new york homes and businesses in superstorm sandy, raising health concerns. >> everybody sort of got sick at the same time. all of us sort of attributed it to, well, we're all stressed out. it's very cold. but that said, there is a lot of nasty stuff hanging about. >> ifill: and hari sreenivasan has an update on the dangerous working conditions in bangladesh, where more than 100 workers have died over the past month. that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 yea
trading. selling these shares will mean the government made a profit with its bailout. after this stock sale, the government will continue to own warrants, allowing it to buy a.i.g. stock if it chooses. separately, a.i.g. announced it will sell almost all of its aircraft leasing business to a group of chinese companies for $4.8 billion. that's much less than what a.i.g. wanted. it is a different kind of deal for conglomerate ingersoll-rand. it will spin off its locks business, with names schlage and kryptonite, something active shareholders have been calling for. i-r shares fell 1.9%. four of the five most actively traded exchange traded products were up. the financial e.t.f. fell two tenths of a percent. and that's tonight's "market focus." >> tom: could wall street be turning on apple? not only is the stock one of the most widely owned, it also is almost universally loved by analysts. but the stock has dropped more than 20% in less than three months. tonight's "word on the street" is "apple." lindsey bell is an investment analyst with thestreet.com. lindsay, how would you describe the
thing that works -- state-run communism may not be your cup of tea but their government works, you know? newspaper they get things done. >> they have five-year plans. i always tell our team "read the five-year plan" which is the segment we're in. typically what they're doing makes sense in the chinese context, that's what they're doing now. the new president comes in now, mr. xi comes in, he has an agenda, they're driving environment, company reform, more consumerism, that's the right thing. for the u.s. i don't think that's a bad thing. i think we needs a relationship -- we need a strong bilateral relationship with china, we do. but if you sit back as an american business guy and say basically you're going on zero percent growth for a long time. japan has had zero percent growth for twenty years. the u.s., you're sitting at 1.5% maybe 2% g.d.p. growth. if you're not willing to get off your butt and go to every corner of the world you're going to get fired so we have to sell all over the place and china is valuable not just for china but it pulls along brazil. >> rose: then there's afri
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